Norges Bank Picked Up Blackrock Inc. (NYSE:BLK) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Blackrock Inc. (NYSE:BLK) reported that Norges Bank has picked up 8,078,962 of common stock as of 2017-04-25.

The acquisition brings the aggregate amount owned by Norges Bank to a total of 8,078,962 representing less than 4.99% stake in the company.

For those not familiar with the company, BlackRock, Inc. (BlackRock) is an investment management company. BlackRock provides a range of investment and risk management services to institutional and retail clients worldwide. Its diverse platform of active (alpha) and index (beta) investment strategies across asset classes enables the Company to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds (ETFs), separate accounts, collective investment funds and other pooled investment vehicles. It offers its Aladdin investment system, as well as risk management, outsourcing, advisory and technology services, to institutional investors and wealth management intermediaries under the BlackRock Solutions name.

A glance at Blackrock Inc. (NYSE:BLK)’s key stats reveals a current market capitalization of 61.98 Billion based on 161.53 Million shares outstanding and a price at last close of $386.65 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-10-27 Demchak picked up 1,200 at a purchase price of $341.11. This brings their total holding to 1,200 as of the date of the filing.

On the sell side, the most recent transaction saw Stork unload 5,150 shares at a sale price of 390.00. This brings their total holding to 17,442.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Blackrock Inc. (NYSE:BLK) as things move forward to see if its progress aligns with these transactions.

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P2 Capital Partners Picked Up Forrester Research Inc. (NASDAQ:FORR) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Forrester Research Inc. (NASDAQ:FORR) reported that P2 Capital Partners has picked up 826,262 of common stock as of 2017-03-01.

The acquisition brings the aggregate amount owned by P2 Capital Partners to a total of 826,262 representing a 4.5% stake in the company.

For those not familiar with the company, Forrester Research, Inc. (Forrester) is a global independent research, data, and advisory services firm. The Company offers research, data, advisory and related services that are thematic, prescriptive, and executable, and that provide a perspective on the changing business environment. Its segments include Research, Product and Project Consulting. The Research segment is responsible for writing the research and performing the Webinars and inquiries for its Research and Connect products. The Product segment includes the product management organization that is responsible for product pricing and packaging and the launch of new products. In addition, this segment includes its Data, Connect and Events organizations. The Project Consulting segment offers project consulting services. Its products and services are categorized into Forrester Research, Forrester Connect, Forrester Data, Forrester Consulting, and Forrester Events.

A glance at Forrester Research Inc. (NASDAQ:FORR)’s key stats reveals a current market capitalization of 660.53 Million based on 18.22 million shares outstanding and a price at last close of $37.30 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2012-07-26, Broeders picked up 900 at a purchase price of $26.25. This brings their total holding to 900 as of the date of the filing.

On the sell side, the most recent transaction saw Doyle unload 7,359 shares at a sale price of $41.31. This brings their total holding to 14,461.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Forrester Research Inc. (NASDAQ:FORR) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

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